PIAM’s GIIFT Programme
– The Second and Third Intakes
GIIFT, or the General Insurance Internship for Talent, is an initiative of the general insurance industry to build a pipeline of talent for the general insurance industry in Malaysia. With the aim to profile the industry to the pool of young talents at universities, GIIFT showcases the rich and varied career opportunities the industry has to offer.
Following the success of the first intake of the GIIFT Project in July 2015, where two out of the 12 interns engaged were employed by the industry after their internship, PIAM rolled out the second and third intakes in the fourth quarter of 2015 and first quarter of 2016 respectively.
The second intake attracted many applications, out of which 21 was selected. These were mainly undergraduates from UTAR Sg Long and Kampar Campuses, as well as Warwick University, UK. The third intake yielded 15 interns from Sunway University and Kolej Poly-Tech Mara.
The successful applicants, attended a two-day Induction Course where they were briefed on the overall landscape of the industry, the regulatory environment, industry performance and key issues faced by the industry. There were also presentations on Underwriting, Claims, Business Development, Compliance, Reinsurance, Broking and Loss Adjusting. The interns were then attached to 12 member companies from October to December 2015, where they underwent a 12week structured and comprehensive programme and were exposed to soft skills required in a working environment, i.e. communications skills, adaptability, situational awareness and leadership.
The fourth intake will commence from June to August 2016.